Wait a minute, didn't Bill Clinton sign off on welfare reform? My dad started his retirement with $300k in the bank and everything was paid for. He gives $5000 a year to charities and another $6000 to his church. Bet you with your big money don't do half as much. And he shells out plenty out of pocket for medical costs. But what blows my mind is Democrats created the Social Security and Medicare systems, made it law that we must contribute through paychecks, and yet you think Republicans shouldn't benefit from them. That we must give but not receive. Act like we're being selective about what we support when we had no choice in the matter. Frankly, you're stupid. Or maybe just ignorant. Haven't decided that yet. It's about good governance. We can have social safety nets if we can afford them. That you think that's reprehensible, that we should have these newly concocted programs whether we can afford them or not lends credence to the idea that you're stupid, ignorant, or both. Maybe you can shed some light on the current state of your cognitive capabilities? Are you currently worse off or about the same as Joe Biden in your ability to think rationally? Do you find yourself eating ice cream cones and sniffing the hair of little girls? Have you cut long farts in front of nobility? Trouble reading teleprompters? It would help us evaluate whether you're being serious in the future or are having "issues."
Well if he was a "true " conservative he would have first used his 300K to pay his bills out of his own pocket. You can make all the personal attacks you want. You can bash the left all you want.... But one fact remains.... You're not wealthy enough to be a "true conservative". You too will in the end be dependent on Democrat sponsored old age and healthcare social programs.
Now the questions still remains. What would you do if it wasn't there. ? Yes, SS and Medicare are mandated retirement and healthcare insurance programs. So just exactly what would you do going forward if they weren't there?
So why was it necessary? To begin with when Bush wanted to privatize SS the banks opposed it and with good reason.
First of all they would have to charge service fees to manage small balances .
Secondly it was going to be nothing more than a piggy bank people would always be drawing from.
As for Medicare, No need to explain that. Without it the US healthcare system would have collapsed decades ago. Without it everything would be cash on the barrel right up front . No cash.... no care. It's a simple as that. Paul Ryan was run clean out of politics because of his ridiculous payment voucher to replace Medicare. People saw right away that it was a lie.
In one way your solution is like Trump's solution. "Repeal and replace". Until people found out that there was no replacement.
www.bloomberg.com
